Qualcomm said that its semiconductor business does not cost anything
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POSTER: computer news || QUALCOMM SAID THAT ITS SEMICONDUCTOR BUSINESS DOES NOT COST ANYTHING |
DATE:2015-04-15 |
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Qualcomm has released an official statement in response to the idea expressed by hedge fund Jana Partners couple of days ago. According to Fudzilla, Jana Partners, which is the main shareholder of Qualcomm, stated that the unit for the production of mobile chips is useless and should be allocated to the new entity, which will increase the value of Qualcomm shares . It is argued that business related to the licensing of patents, is good in itself. The company said that its capabilities are strong and have the potential for long-term growth. "Our innovations have made smartphones the most common devices of our time. They participate in our licensing program and many of them are based on our advanced chipsets, continuing to play an important role in the expansion of the mobile industry. We now bring the benefits of mobile technology in new areas such as automotive, health care networks, smart homes and cities, as well as wearable electronics market, "- said Qualcomm. It is noted that the board of directors Qualcomm, periodically studying corporate structure, came to the conclusion that the current model creates more value for shareholders and the company itself than alternatives. | ||
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QUALCOMM SAID THAT ITS SEMICONDUCTOR BUSINESS DOES NOT COST ANYTHING |
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